As broad market chaos continues, Andrew O’Donnell of the Market Mindset is in search of alternatives that align with present tendencies and can work throughout unsure occasions, and he shared three small-cap shares he likes proper now.

“We’re excited by particular themes that we see are on this shift — whether or not you wish to name it a shift or an amazing reset,” he informed the Investing Information Community throughout an interview. “We’re centered on particular firms and particular areas the place there’s a possibility to nonetheless become profitable even when total markets are down.”

O’Donnell spoke first about First Phosphate (CSE:PHOS), which is concentrated on beneficiating high-grade phosphate to be used within the electrical car trade. The fabric is an ingredient in lithium-iron-phosphate (LFP) batteries, that are rising in recognition.

LFP batteries are being utilized in Tesla’s (NASDAQ:TSLA) Mannequin 3s, and Ford (NYSE:F) not too long ago revealed that will probably be constructing an LFP battery plant in Michigan, US. Ford will use LFP know-how offered by CATL (SZSE:300750).

“That is large,” O’Donnell mentioned concerning the announcement from Ford. “But it surely begs the query, ‘Properly, the place are you getting your high-grade phosphate that is purified, and the way is it going to get purified?'”

He additionally talked about cleantech-focused Progressive Planet Options (TSXV:PLAN,OTCQB:ASHXF), saying that the corporate not too long ago signed a memorandum of understanding with cement maker Lafarge Canada, and is working to make the cement manufacturing course of extra environmentally pleasant. “Folks do not realize that cement is about 8 p.c of all carbon emissions. Should you thought of it a rustic, it could be second behind China,” O’Donnell commented.

For traders following the unreal intelligence (AI) hype surrounding OpenAI’s ChatGPT, O’Donnell recommended taking a look at Verses Applied sciences (OTCQX:VRSSF), which he mentioned gives pure-play publicity to the sector.

“This can be a firm that’s on the forefront of change. You do not have to only go purchase Google or Amazon (NASDAQ:AMZN) or an enormous firm … that has in a part of their wheelhouse an AI division. This can be a pure-play AI (firm).”

Watch the interview above for extra of his ideas on the subjects talked about above.

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Securities Disclosure: I, Charlotte McLeod, maintain no direct funding curiosity in any firm talked about on this article.

Editorial Disclosure: The Investing Information Community doesn’t assure the accuracy or thoroughness of the knowledge reported within the interviews it conducts. The opinions expressed in these interviews don’t mirror the opinions of the Investing Information Community and don’t represent funding recommendation. All readers are inspired to carry out their very own due diligence.